Asked By: Carlos Alexander Date: created: Jan 08 2022

Is 85000 a good salary in London

Answered By: Evan Jackson Date: created: Jan 08 2022

85k is wealthy even by Central London standards That’s not wealthy.

It’s comfortable certainly, but not wealthy..

Asked By: Jesus Mitchell Date: created: Aug 03 2022

Is 35000 a good salary in UK

Answered By: Abraham Perry Date: created: Aug 05 2022

If you are just working five hours a week making coffee, this is an excellent salary. If you are working 80 hours a week as a computer programmer, perhaps it isn’t that good. BUT if what you are actually asking is whether £35k is enough to live on in London for a single person, I’d say yes (assuming you are legal).

Asked By: David Butler Date: created: Mar 17 2022

What is the top 5% income in UK

Answered By: Benjamin Lee Date: created: Mar 17 2022

WealthPercentile pointWealth to qualifyPercentage of total wealth owned by people at and above this levelTop 1%£688,22821% of total UK wealth2%£460,17928% of total UK wealth5%£270,16440% of total UK wealth10%£176,22153% of total UK wealth2 more rows

Asked By: George Patterson Date: created: Sep 29 2021

What salary is considered rich in London

Answered By: Curtis Hayes Date: created: Oct 02 2021

In 2017 the threshold for joining the top 1% in terms of annual income was £140,000 per annum. The minimum income to be part of the top 0.1% is £990,000. Rich in London means you own a £5 million or £10 million property.

Asked By: Owen Gonzalez Date: created: Aug 09 2021

What is a upper class income UK

Answered By: Timothy Roberts Date: created: Aug 10 2021

Members of the elite class are the top six percent of British society with very high economic capital (particularly savings), high social capital, and very high highbrow cultural capital. … Average household income of elite households in 2011 was £89,000; average house price was £325,000 and above.

Asked By: Jesse Taylor Date: created: May 25 2021

Is 50k a good salary UK

Answered By: Kyle Powell Date: created: May 27 2021

Generally though, that’s considered a pretty darn good salary for most people. The average salary is much lower but it depends on your age / type of job / area you are working. … In the north of the UK, £50k would be a pretty darn huge salary for someone.

Asked By: Samuel Hall Date: created: Jun 21 2022

Is 30k a good salary UK

Answered By: Adam Anderson Date: created: Jun 21 2022

The file contains the percentiles of income for the UK, instead of just the average/median. 50th percentile is 24.4k (50% earn more, 50% earn less). … 30k is at the 63rd percentile, i.e. only ~1/3 earn more than 30k.

Asked By: Donald Adams Date: created: Oct 06 2021

What is considered upper class 2020

Answered By: Joseph Stewart Date: created: Oct 07 2021

Pew defines the upper class as adults whose annual household income is more than double the national median. That’s after incomes have been adjusted for household size, since smaller households require less money to support the same lifestyle as larger ones. … For lower-income households, it was $25,624.

Asked By: Carter Garcia Date: created: Feb 05 2022

Can you live in London on 25k

Answered By: Rodrigo Hill Date: created: Feb 08 2022

25k is ok to live in london. With debt i was on that when i moved here 3 years ago, and i was paying 950/month to share a 2 bed flat 10 mins walk from my office. yeah you wont be boozing every night, but you can do just fine. You can still afford some social stuff etc.

Asked By: Norman Griffin Date: created: Feb 22 2022

Can you live in London on 50K

Answered By: Jaden Smith Date: created: Feb 23 2022

anything above 50K is fine for living (on your own). Youre biggest expensive is rent – so you live within your means. 200-300 a month for Gas/Electric/Council Tax is probably a good estimate.

Asked By: Ronald Foster Date: created: Oct 02 2022

What is considered rich in UK

Answered By: Joshua Rogers Date: created: Oct 03 2022

It shows that anyone earning above £75,300 is in the top five per cent of taxpayers. In 2017, polling firm Yougov looked into what kind of salary Britons think makes a person “rich”. The results showed that people in the UK think the top 10 per cent of earners – those bagging on average £60,500 a year – are wealthy.

Asked By: Connor Bennett Date: created: Oct 04 2021

Is 300k a good salary in London

Answered By: Alfred Ward Date: created: Oct 04 2021

Workers in London need to be earning more than £300,000 a year to be considered ‘rich’, new figures show. This number rises even further if you’re a middle-aged man, with this peer group needing £700,000 or more to be counted as wealthy in the capital.

Asked By: Samuel Thomas Date: created: Sep 26 2021

Is 40K a good salary UK

Answered By: Chase Robinson Date: created: Sep 29 2021

40K is definitely good enough to support yourself, live relatively comfortably. The tax will take quite a good percentage off that which is quite a pain. I guess it won’t be enough to support a family very well if you live in the central London area, or higher investments like buying a house.

Asked By: Morgan Sanchez Date: created: Nov 03 2021

What is a good salary in UK

Answered By: Horace White Date: created: Nov 05 2021

Average UK Salary: 22-29 year olds The median full-time wage (or middle salary) for those aged 22 to 29 is £26,096. At the upper end of the scale just 10% of those aged between 22 and 29 are earning around £40,000 per year and only 30% are earning over £30,000.

Asked By: Andrew Morgan Date: created: Jun 12 2021

Is 65000 a good salary in UK

Answered By: Steven Alexander Date: created: Jun 14 2021

£65,000 (ie. pounds not dollars) is a decent salary, certainly more than plenty to live even in London, especially if you don’t have dependents.

Asked By: Malcolm Price Date: created: Nov 29 2021

Is 75k a good salary in London

Answered By: Howard Hill Date: created: Nov 29 2021

75k is double the median London salary, so you’d be able to get a decent 2 bed apartment and have a decent standard of living and have some leftover as a single.

Asked By: Bernard Perry Date: created: Apr 06 2022

Is 35000 pounds a good salary in London

Answered By: Jeffery Jenkins Date: created: Apr 07 2022

I was earning less than that when I first moved to London and had no significant financial difficulties. £35k is quite a high salary. … Yes thats an average salary even slightly above average. It might be a bit tight if you get a flat of your own but should be still doable.

Asked By: Benjamin Perez Date: created: Oct 21 2021

Can you live on 1000 a month 2020 UK

Answered By: Jesus Parker Date: created: Oct 24 2021

Believe it or not, even if you have plenty of responsibilities, it is perfectly possible to live on £1,000 each month, even less. However, you’re going to have to start thinking creatively. What’s more, you may have to make reductions and big lifestyle changes.

Asked By: Morgan Taylor Date: created: May 24 2021

Is 70K a good salary in London

Answered By: Jonathan Walker Date: created: May 26 2021

£70K is a great salary for a single person in London. If you have a family, it’s also good and you’ll be able to have a nice lifestyle in London.

Asked By: Jonathan Clark Date: created: Jul 29 2022

Is 100k a good salary in London

Answered By: Jackson Stewart Date: created: Jul 31 2022

It is certainly possible to live well in London for £100k a year, but there is a difference between wealth and income. … But 100k a year is considerably more than the average London wage. Most people already have considerable equity in housing though so prices reflect this.

Asked By: Stanley Hernandez Date: created: Aug 29 2021

Can you live in London on 30k

Answered By: Richard Lewis Date: created: Sep 01 2021

30k in London is do-able. However this kind of salary level will only buy you a decent quality of life if you are sharing accommodation, or living right next to your workplace. Bottom line, if you’re only earning 30k in London, you have to hustle to survive, or else have some friends/family help you meet your expenses.

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